Short Interest in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Expands By 77.4%

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 246,846 shares, an increase of 77.4% from the June 15th total of 139,114 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 235,499 shares, the short-interest ratio is currently 1.0 days.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Trading Up 0.1%

Shares of BATS:BBAX traded up $0.07 on Friday, hitting $62.14. 245,073 shares of the company were exchanged, compared to its average volume of 279,623. The firm has a market capitalization of $5.95 billion, a P/E ratio of 17.74 and a beta of 0.87. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF has a 1-year low of $53.84 and a 1-year high of $64.31. The stock’s 50 day moving average price is $61.05 and its 200 day moving average price is $60.81.

Institutional Trading of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its holdings in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 109.6% in the first quarter. NewEdge Advisors LLC now owns 526 shares of the company’s stock valued at $31,000 after purchasing an additional 275 shares during the period. BOKF NA purchased a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the fourth quarter valued at approximately $41,000. Osaic Holdings Inc. increased its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 20.2% in the 2nd quarter. Osaic Holdings Inc. now owns 2,732 shares of the company’s stock worth $149,000 after buying an additional 459 shares during the period. Arlington Trust Co LLC increased its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 229.5% in the 2nd quarter. Arlington Trust Co LLC now owns 2,745 shares of the company’s stock worth $164,000 after buying an additional 1,912 shares during the period. Finally, Seven Mile Advisory purchased a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 3rd quarter worth approximately $201,000.

About JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

The JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed-market Asian countries, excluding Japan. BBAX was launched on Aug 7, 2018 and is managed by JPMorgan Chase.